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10 companies that have said they're doing AI-related layoffs10 companies that have said they're doing AI-related layoffs Apr 20th 2026, 15:10 by Ana Altchek,Kelsey Vlamis,Shubhangi Goel Jack Dorsey, Marc Benioff, Arvind Krishna Block CEO Jack Dorsey, Salesforce CEO Marc Benioff, IBM CEO Arvind Krishna (left to right). Joe Raedle/Getty Images, AP Photo/Markus Schreiber, Sajjad Hussain/Getty Images Companies like Snap and Salesforce said cuts were a result of AI. Snap shared plans to cut 16% of its global workforce, citing "rapid advancements" in the technology. In February, CEO Jack Dorsey announced that Block was eliminating approximately 40% of staff. Worries about AI one day replacing human workers have intensified recently — and as it turns out, that future may be here. A number of companies have recently announced cuts staff and cited AI efficiencies as a major rationale. A March report from career transition firm Challenger, Gray, and Christmas found that so far this year, AI has been cited in 8% of job cut plans. Amid this rash of layoffs, some have asked whether AI is replacing so many roles once held by humans or whether some degree of "AI washing" is at work. OpenAI's Sam Altman said some companies are blaming AI for layoffs that would've happened regardless. An MIT study released last year said that 95% of corporate AI investments have generated "zero return" so far. Even as some companies replace human workers with the technology, they may end up hiring more people because of it — or rehiring at least some of the roles they eliminated. A 2025 survey conducted by consulting firm Robert Half found that 29% of 2,000 hiring managers said they reopened positions that had been previously got rid of after implementing AI. Here's a list of companies that have done AI-related layoffs: Angi Angie's list logo Bloomberg/Getty Images Angi, the popular contractor listing site previously known as Angie's List, said in January that it was cutting roughly 350 jobs in part because of "AI-driven efficiency improvements." The company added that the cuts were part of a plan "to reduce operating expenses and optimize the organizational structure in support of long-term growth." Atlassian Mike Cannon-Brookes walks around during the annual media and tech conference in Sun Valley Last year, Atlassian CEO Mike Cannon-Brookes said that his company would have more engineers working for it in five years than it did then. Brendan McDermid/Reuters Atlassian announced cuts of 1,600 jobs in March, totaling about 10% of its global workforce. The move comes as the Australian-American software company says it is restructuring to focus on AI and enterprise growth. In a filing with the US Securities and Exchange Commission, the company said the reduction was part of a broader effort to reposition the business for what CEO Mike Cannon-Brookes described as the "AI era." "It would be disingenuous to pretend AI doesn't change the mix of skills we need or the number of roles required in certain areas. It does," Cannon-Brookes wrote in a message to employees. On the "20VC" podcast in October last year, prior to the cuts, Cannon-Brookes said he planned to have more engineers at the company in five years. "They will be more efficient, but technology creation is not output-bound," Cannon-Brookes said. Block Jack Dorsey headshot orange background Joe Raedle/Getty Images In a post on X in February, billionaire and Block CEO Jack Dorsey said he was slashing nearly half of Block's workforce, cutting its over 10,000-person staff to under 6,000. The move came as he said business was strong and profits were growing, but a new way of working was emerging. "We're already seeing that the intelligence tools we're creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company," Dorsey said in his memo on X. In the company's earnings call that followed the memo, Dorsey said that more companies will follow suit in using AI to drive efficiency gains. Block is already ahead of the trend that "all companies will eventually" adopt, the CEO said. Crypto.com Kris Marszalek Marco Bello/Reuters Crypto.com announced on March 19 that it would cut 12% of its staff. The CEO, Kris Marszalek, wrote in a post on X that those impacted were in "roles that do not adapt in our new world." "We are joining the list of companies integrating enterprise-wide AI," Marszalek wrote on X. "Companies that move immediately and pair the best AI tools with top-performers will achieve a level of scale and precision that was previously impossible. This is where we must go." The company previously cut jobs in 2022 during a cryptocurrency slump and another 20% of its workforce in 2023, following the collapse of FTX. HP Lores ends each day with reflection about HP's present and future. Lores ends each day with reflection about HP's present and future. HP Inc. HP said it's reducing the size of its corporate workforce as a result of AI initiatives. In an earnings report last November, the company said it plans to cut between 4,000 and 6,000 jobs by the end of 2028, estimating the changes would save around $1 billion. HP's earnings presentation at the time said part of its strategy was to cut costs through "workforce reductions, platform simplification, programs consolidation, and productivity measures" and to increase customer satisfaction, innovation, and productivity with "artificial intelligence adoption and enablement." IBM Arvind Krishna, Chairman and Chief Executive Officer of IBM addresses the gathering on the first day of the three-day B20 Summit in New Delhi on August 25, 2023 Arvind Krishna has been spent his entire career at IBM. He was made CEO of the company in 2020. Sajjad Hussain/Getty Images Arvind Krishna, CEO of IBM, told The Wall Street Journal last year that it had replaced hundreds of human resources employees with AI. More recently, the company announced last November that it would cut thousands of workers in the fourth quarter of 2025, affecting a "single-digit percentage of its global workforce." Its CEO, Arvind Krishna, said the company is shifting priorities to hire more people around AI and quantum. He also said the company plans to increase hiring among recent college graduates over the next year. Krishna has also said AI adoption has led to the company hiring more employees in programming and sales. In 2023, Krishna told Bloomberg that IBM had halted or slowed hiring for back-office roles, like in human resources, that could be replaced by AI. "I could easily see 30% of that getting replaced by AI and automation over a five-year period," he told the outlet at the time. Klarna Klarna CEO Sebastian Siemiatkowski Klarna CEO Sebastian Siemiatkowski David M. Benett/Getty Images for Klarna Klarna's CEO says its workforce has halved over the last four years and will shrink further in the coming years. In an interview with Harry Stebbings on the "20 VC" podcast in February, Sebastian Siemiatkowski said there are about 3,000 employees at Klarna, and he expects the company's workforce to drop below 2,000 by 2030. The company had 7,000 employees in 2022, he said. The CEO said the reduction is a result of layoffs and "natural attrition," which is when the company doesn't replace workers who leave. Siemiatkowski said that "human connection" will be vital for the company, and jobs involved in that will not be replaced by AI. "Those jobs will remain, but for the rest it's going to be definitely smaller," he said. Klarna declined to comment further when contacted by Business Insider. A spokesperson previously said that its AI assistant handles the equivalent workload of 853 full-time agents, up from 700 at launch. The spokesperson said it was saving the company an estimated $58 million annually. Salesforce Salesforce CEO Marc Benioff at the Annual Meeting of the World Economic Forum in Davos, Switzerland, in January 2025. Salesforce CEO Marc Benioff says Gemini 3 is so advanced that he has stopped using ChatGPT. AP Photo/Markus Schreiber Salesforce cut fewer than 1,000 workers in February, including employees from marketing, product management, data analytics, and its Agentforce AI product. In an episode of "The Logan Bartlett Show" released last August, Salesforce CEO Marc Benioff said the company was using AI agents in its customer support division to replace humans and help the company work through more sales leads. "I was able to rebalance my head count on my support," he said in the interview. "I've reduced it from 9,000 heads to about 5,000 because I need less heads." A Salesforce spokesperson told Business Insider previously that Benioff was referencing an organizational transformation that took place over several months to reshape its customer support function. After deploying Agentforce, the company no longer needed to "actively backfill support engineer roles," the spokesperson said, adding that it successfully redeployed hundreds of employees into other areas of the company, like professional services, sales, and customer success. Snap Evan Spiegel holding mic Bloomberg/Getty Images In a memo to employees released in a regulatory filing on April 15, Snap CEO Evan Spiegel said the company would cut 1,000 employees, or about 16% of its global workforce. The CEO cited "rapid advancements" in AI and "small squads" using the technology to be more efficient. Spiegel said Snap would also close more than 300 open roles, and that US-based employees would receive four months of severance, healthcare coverage, and equity vesting. In an investor update included in the company's filing, it said the layoffs would result in roughly $500 million in annualized cost savings. Wisetech Wisetech logo on smartphone screen Wisetech is cutting 2,000 jobs. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Zubin Appoo, the CEO of Wisetech, said the logistics software maker is cutting 2,000 jobs, or 30% of its staff, because of AI-led efficiency. In a conference call on February 25, Appoo said that AI enables greater productivity in less time and with fewer employees. The Sydney-based company employed about 7,000 people, according to an annual report released in October. "I am prepared to say this clearly: the era of manually writing code as the core act of engineering is over," Appoo said. The technology is "unlocking levels of efficiency gains across WiseTech that were previously out of reach." In some parts of the workforce, such as customer service, one in two workers will disappear, he added. #trump #US #StrategyBTCPurchase #AI

10 companies that have said they're doing AI-related layoffs

10 companies that have said they're doing AI-related layoffs

Apr 20th 2026, 15:10 by Ana Altchek,Kelsey Vlamis,Shubhangi Goel

Jack Dorsey, Marc Benioff, Arvind Krishna
Block CEO Jack Dorsey, Salesforce CEO Marc Benioff, IBM CEO Arvind Krishna (left to right).
Joe Raedle/Getty Images, AP Photo/Markus Schreiber, Sajjad Hussain/Getty Images

Companies like Snap and Salesforce said cuts were a result of AI.
Snap shared plans to cut 16% of its global workforce, citing "rapid advancements" in the technology.
In February, CEO Jack Dorsey announced that Block was eliminating approximately 40% of staff.
Worries about AI one day replacing human workers have intensified recently — and as it turns out, that future may be here.

A number of companies have recently announced cuts staff and cited AI efficiencies as a major rationale.

A March report from career transition firm Challenger, Gray, and Christmas found that so far this year, AI has been cited in 8% of job cut plans.

Amid this rash of layoffs, some have asked whether AI is replacing so many roles once held by humans or whether some degree of "AI washing" is at work. OpenAI's Sam Altman said some companies are blaming AI for layoffs that would've happened regardless.

An MIT study released last year said that 95% of corporate AI investments have generated "zero return" so far.

Even as some companies replace human workers with the technology, they may end up hiring more people because of it — or rehiring at least some of the roles they eliminated. A 2025 survey conducted by consulting firm Robert Half found that 29% of 2,000 hiring managers said they reopened positions that had been previously got rid of after implementing AI.

Here's a list of companies that have done AI-related layoffs:

Angi
Angie's list logo
Bloomberg/Getty Images

Angi, the popular contractor listing site previously known as Angie's List, said in January that it was cutting roughly 350 jobs in part because of "AI-driven efficiency improvements."

The company added that the cuts were part of a plan "to reduce operating expenses and optimize the organizational structure in support of long-term growth."

Atlassian
Mike Cannon-Brookes walks around during the annual media and tech conference in Sun Valley
Last year, Atlassian CEO Mike Cannon-Brookes said that his company would have more engineers working for it in five years than it did then.
Brendan McDermid/Reuters

Atlassian announced cuts of 1,600 jobs in March, totaling about 10% of its global workforce. The move comes as the Australian-American software company says it is restructuring to focus on AI and enterprise growth.

In a filing with the US Securities and Exchange Commission, the company said the reduction was part of a broader effort to reposition the business for what CEO Mike Cannon-Brookes described as the "AI era."

"It would be disingenuous to pretend AI doesn't change the mix of skills we need or the number of roles required in certain areas. It does," Cannon-Brookes wrote in a message to employees.

On the "20VC" podcast in October last year, prior to the cuts, Cannon-Brookes said he planned to have more engineers at the company in five years.

"They will be more efficient, but technology creation is not output-bound," Cannon-Brookes said.

Block
Jack Dorsey headshot orange background
Joe Raedle/Getty Images

In a post on X in February, billionaire and Block CEO Jack Dorsey said he was slashing nearly half of Block's workforce, cutting its over 10,000-person staff to under 6,000. The move came as he said business was strong and profits were growing, but a new way of working was emerging.

"We're already seeing that the intelligence tools we're creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company," Dorsey said in his memo on X.

In the company's earnings call that followed the memo, Dorsey said that more companies will follow suit in using AI to drive efficiency gains. Block is already ahead of the trend that "all companies will eventually" adopt, the CEO said.

Crypto.com
Kris Marszalek
Marco Bello/Reuters

Crypto.com announced on March 19 that it would cut 12% of its staff. The CEO, Kris Marszalek, wrote in a post on X that those impacted were in "roles that do not adapt in our new world."

"We are joining the list of companies integrating enterprise-wide AI," Marszalek wrote on X. "Companies that move immediately and pair the best AI tools with top-performers will achieve a level of scale and precision that was previously impossible. This is where we must go."

The company previously cut jobs in 2022 during a cryptocurrency slump and another 20% of its workforce in 2023, following the collapse of FTX.

HP
Lores ends each day with reflection about HP's present and future.
Lores ends each day with reflection about HP's present and future.
HP Inc.

HP said it's reducing the size of its corporate workforce as a result of AI initiatives. In an earnings report last November, the company said it plans to cut between 4,000 and 6,000 jobs by the end of 2028, estimating the changes would save around $1 billion.

HP's earnings presentation at the time said part of its strategy was to cut costs through "workforce reductions, platform simplification, programs consolidation, and productivity measures" and to increase customer satisfaction, innovation, and productivity with "artificial intelligence adoption and enablement."

IBM
Arvind Krishna, Chairman and Chief Executive Officer of IBM addresses the gathering on the first day of the three-day B20 Summit in New Delhi on August 25, 2023
Arvind Krishna has been spent his entire career at IBM. He was made CEO of the company in 2020.
Sajjad Hussain/Getty Images

Arvind Krishna, CEO of IBM, told The Wall Street Journal last year that it had replaced hundreds of human resources employees with AI.

More recently, the company announced last November that it would cut thousands of workers in the fourth quarter of 2025, affecting a "single-digit percentage of its global workforce." Its CEO, Arvind Krishna, said the company is shifting priorities to hire more people around AI and quantum. He also said the company plans to increase hiring among recent college graduates over the next year.

Krishna has also said AI adoption has led to the company hiring more employees in programming and sales.

In 2023, Krishna told Bloomberg that IBM had halted or slowed hiring for back-office roles, like in human resources, that could be replaced by AI.

"I could easily see 30% of that getting replaced by AI and automation over a five-year period," he told the outlet at the time.

Klarna
Klarna CEO Sebastian Siemiatkowski
Klarna CEO Sebastian Siemiatkowski
David M. Benett/Getty Images for Klarna

Klarna's CEO says its workforce has halved over the last four years and will shrink further in the coming years.

In an interview with Harry Stebbings on the "20 VC" podcast in February, Sebastian Siemiatkowski said there are about 3,000 employees at Klarna, and he expects the company's workforce to drop below 2,000 by 2030. The company had 7,000 employees in 2022, he said.

The CEO said the reduction is a result of layoffs and "natural attrition," which is when the company doesn't replace workers who leave.

Siemiatkowski said that "human connection" will be vital for the company, and jobs involved in that will not be replaced by AI.

"Those jobs will remain, but for the rest it's going to be definitely smaller," he said.

Klarna declined to comment further when contacted by Business Insider. A spokesperson previously said that its AI assistant handles the equivalent workload of 853 full-time agents, up from 700 at launch. The spokesperson said it was saving the company an estimated $58 million annually.

Salesforce
Salesforce CEO Marc Benioff at the Annual Meeting of the World Economic Forum in Davos, Switzerland, in January 2025.
Salesforce CEO Marc Benioff says Gemini 3 is so advanced that he has stopped using ChatGPT.
AP Photo/Markus Schreiber

Salesforce cut fewer than 1,000 workers in February, including employees from marketing, product management, data analytics, and its Agentforce AI product.

In an episode of "The Logan Bartlett Show" released last August, Salesforce CEO Marc Benioff said the company was using AI agents in its customer support division to replace humans and help the company work through more sales leads.

"I was able to rebalance my head count on my support," he said in the interview. "I've reduced it from 9,000 heads to about 5,000 because I need less heads."

A Salesforce spokesperson told Business Insider previously that Benioff was referencing an organizational transformation that took place over several months to reshape its customer support function.

After deploying Agentforce, the company no longer needed to "actively backfill support engineer roles," the spokesperson said, adding that it successfully redeployed hundreds of employees into other areas of the company, like professional services, sales, and customer success.

Snap
Evan Spiegel holding mic
Bloomberg/Getty Images

In a memo to employees released in a regulatory filing on April 15, Snap CEO Evan Spiegel said the company would cut 1,000 employees, or about 16% of its global workforce. The CEO cited "rapid advancements" in AI and "small squads" using the technology to be more efficient.

Spiegel said Snap would also close more than 300 open roles, and that US-based employees would receive four months of severance, healthcare coverage, and equity vesting. In an investor update included in the company's filing, it said the layoffs would result in roughly $500 million in annualized cost savings.

Wisetech
Wisetech logo on smartphone screen
Wisetech is cutting 2,000 jobs.
Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images

Zubin Appoo, the CEO of Wisetech, said the logistics software maker is cutting 2,000 jobs, or 30% of its staff, because of AI-led efficiency.

In a conference call on February 25, Appoo said that AI enables greater productivity in less time and with fewer employees. The Sydney-based company employed about 7,000 people, according to an annual report released in October.

"I am prepared to say this clearly: the era of manually writing code as the core act of engineering is over," Appoo said. The technology is "unlocking levels of efficiency gains across WiseTech that were previously out of reach."

In some parts of the workforce, such as customer service, one in two workers will disappear, he added.
#trump #US #StrategyBTCPurchase #AI

TSLA−0,80%

TSLAonAlpha-0.87%

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17 startups looking to disrupt advertising and marketing with AI

AI is rapidly transforming advertising and marketing, driving a wave of investment in startups building innovative tools. These companies focus on solutions like AI agents to automate workflows, generative AI platforms for ad creation and virtual influencers, and new approaches such as optimizing brand visibility in AI search results.

Startups are raising millions from investors, aiming to disrupt traditional ad agencies and improve efficiency and creativity in marketing. At the same time, major industry players like WPP, Publicis, and Omnicom are heavily investing in AI to stay competitive, with some planning acquisitions.

According to Boston Consulting Group, most chief marketing officers expect to spend over $10 million annually on generative AI in the coming years. Overall, both startups and established firms are racing to capitalize on AI, reshaping the future of advertising and marketing.

#Aİ #TRUMP #iran #US #BTC

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#TRUMP #amazon #walmart
Amazon and Walmart are increasingly borrowing from one another to fuel a new stage of growth.

Amazon and Walmart are increasingly adopting each other’s strategies as they enter a new phase of competition and growth. Traditionally, Walmart dominated physical retail with thousands of stores close to most consumers, while Amazon led in e-commerce with a vast online marketplace and powerful logistics network.

Today, Walmart is strengthening its online presence by expanding its marketplace and testing a new system that stores third-party seller products directly in its stores. This allows faster delivery and pickup, similar to the speed customers expect for everyday items like groceries. The company is also redesigning stores and investing in AI-powered supply chains to improve efficiency and handle a wider range of products.

At the same time, Amazon is moving closer to Walmart’s territory by expanding its physical footprint. It is opening smaller fulfillment centers in local communities to speed up deliveries—sometimes within 30 minutes—and experimenting with large “supercenter”-style locations that combine warehouses with retail stores offering groceries and general merchandise.

Both companies are now stepping beyond their original strengths: Walmart is becoming more like an e-commerce giant, while Amazon is becoming more like a traditional retailer. This creates a direct race between the two, with each trying to match—and surpass—the other’s capabilities in both online and offline retail.

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California Treasurer Fiona Ma tied to Chinese school cited in scathing audit

Fiona Ma, California's state treasurer and a candidate for lieutenant governor, has ties to a private Chinese boarding school at the center of a scathing California county audit, according to a post that was on the school's website.

Ma told students during a 2023 visit to the school that she could help provide internships and job opportunities in California, the post said.

Pegasus California School, based in Qingdao, China, was the subject of an audit issued last month by education officials in California's Riverside County. The report found a Southern California district improperly issued diplomas to the school's students and identified potential fraud and other illegal practices. Reporting by Axel Springer's Global Reporters Network, of which Business Insider is a part, shows she visited the school, met with Chinese officials, and was featured in its marketing. The school's founder also donated to Ma's campaigns.

#US #TRUMP #California #crypto $BTC

BTC+1,44%

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AI doesn't get stressed, tired, or have a bad day at work — and it's raising the bar for everyone else

If it feels like the bar at work has gotten higher, you may not be imagining it.

As artificial intelligence sweeps across industries and becomes embedded in everyday workflows, it is raising standards and expectations, and reshaping how we judge workers, an AI product leader said.

"Customer expectations recalibrate to AI's consistency," Svetlana Makarova, who works in AI technical product management at IKS Health and was a former AI product lead at Mayo Clinic, told Business Insider.

Related video

Sam Altman explains why AI will replace 40% of your work

Sam Altman explains why AI will replace 40% of your work

Makarova calls this shift a "humanity discount" — a subtle dynamic in which the very traits that make people human, such as variability, judgment, and emotion, are becoming liabilities in the age of AI.

"Human workers begin to face unrealistic standards for productivity, patience, and availability," she added. "Unlike people, AI never has a bad day." #Aİ #TRUMP $BTC

BTC+1,44%

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A passenger said his Tesla robotaxi missed a turn and tried to pull over on the highway

Robotaxis officially hit the streets of Dallas last week. Their arrival gave one enthusiastic passenger a glimpse of both the promise — and the limitations — of autonomous driving.

Chris Ramos, a 34-year-old accounts payable supervisor, told Business Insider that he rushed to try Tesla's service on Saturday after seeing posts online saying it was live. The launch came after Tesla began a similar driverless service in Austin in January, about 10 months after Waymo launched its service there.

Early reactions to Tesla's robotaxis have been mixed, with some riders praising the smooth, futuristic experience while others report glitches, confusion in traffic, and the need for human intervention. More broadly, public skepticism remains high, with many people still wary of safety and hesitant to trust fully autonomous vehicles

#Tesla #TeslaRevolution #TRUMP

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Watch: Obama and Mamdani sing with children in New York

https://www.bbc.com/news/videos/c0le5pdgdzwo

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Thousands of Parisians evacuated as WW2 bomb detonated

https://www.bbc.com/news/articles/c4gxv3874vjo

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10 companies that have said they're doing AI-related layoffs

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